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First office property in Tokyo for Union Investment (DE/JP)

Union Investment Real Estate AG grows its portfolio in Tokyo shortly after having purchased six residential buildings in 2007. The Hamburg-based investment management company announced today that it h ...

Europa Fund II pre-lets at Hofgarten Palais, D

Europa Capital LLP, the general partner of Europa Fund II, has announced the pre-letting of 5,234 m² to Management Engineers GmbH & Co KG at Hofgarten Palais, the prime D

Alecta sells €240 mln. property portfolio to Valad (SE)

Alecta has sold a portfolio of 34 properties in 9 cities across Sweden to Valad. The value of the portfolio was SEK 2,4 billion (approx.

SEB's operating result increased to SEK 17.0bn (SE)

SEB's operating result for 2007 amounted to SEK 17.0 billion (approx. €1.7 bln.), an increase of 9% compared with the operating result for 2006, which was SEK 15.6 billion (approx. € ...

CB Richard Ellis powers ahead with record financial results

2007 was another year of record growth for CB Richard Ellis, posting impressive gains in both year-on-year revenue and profitability. Global revenue was up 50% from 2006 at $6.0 billion (approx.

ING Real Estate and GIC enter into largest single asset transaction in Italian retail market to date (IT/NL/SG)

ING Real Estate and an affiliate of GIC Real Estate (the property investment arm of the Government of Singapore Investment Corporation) have successfully entered into a joint venture for the acquisiti ...

Gecina acquires logistics warehouse in south of France (FR)

GECINA is continuing to develop its real estate portfolio in the south of France (Marseille agglomeration), with the acquisition of a second warehouse covering some 30,000 m² (delivered in 20 ...

CBRE closed record investment transaction (BE)

CB Richard Ellis (CBRE) advised the UK investor and asset manager Rockspring in the sale of its shares in the real estate company Crown Building SA to Standard Life Investments European Property Growt ...

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